A firm issues an annual bond today with a 1000 face value
A firm issues an annual bond today with a $1,000 face value, an 8% annual coupon interest rate, and 25-year maturity. An investor purchases the bond for $900. What is the yield to maturity (YTM)?
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a firm issues an annual bond today with a 1000 face value an 8 annual coupon interest rate and 25-year maturity an
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